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2023 BMW 5 Series: What's New, Specs & Features
Last updated August 4, 2026

The 2023 BMW 5 Series is a light equipment-update year, not a redesign. The main change is that heated front seats became standard on six core variants; otherwise, the lineup carries over from 2022.
About the 2023 BMW 5 Series
7th gen (G30), post-2021 refresh, final model year before the all-new 2024 5 Series.
BMW positions the 5 Series as its midsize business sedan sweet spot: more spacious and polished than a 3 Series, but more athletic and driver-focused than a large luxury sedan. Its appeal is balance rather than excess—quiet highway comfort, sharp road manners, upscale tech, and a wide powertrain range that runs from efficient four-cylinders to a plug-in hybrid and a V8. For many shoppers, it is the BMW sedan built to handle commuting, travel, and spirited driving equally well.
The 2023 lineup ranges from the turbo four-cylinder 530i and plug-in-hybrid 530e to the smooth six-cylinder 540i with mild-hybrid assist. The M550i xDrive is the performance standout, pairing a twin-turbo V8 and all-wheel drive with an adaptive suspension, while navigation, Apple CarPlay, Android Auto, and core driver-assistance features cover the mainstream trims.
What changed, by category
2023 BMW 5 Series specs and features by trim
| Feature | |||||||
|---|---|---|---|---|---|---|---|
| Engine | 4-Cyl, Hybrid, Turbo, 2.0 Liter | 4-Cyl, Turbo, 2.0 Liter | 6-Cyl, Turbo, 3.0 Liter | 4-Cyl, Hybrid, Turbo, 2.0 Liter | 4-Cyl, Turbo, 2.0 Liter | 6-Cyl, Turbo, 3.0 Liter | V8, Twin Turbo, 4.4 Liter |
| Transmission | Automatic, 8-Spd Sport w/Sport & Manual Modes | Automatic, 8-Spd Sport w/Sport & Manual Modes | Automatic, 8-Spd Sport w/Sport & Manual Modes | Automatic, 8-Spd Sport w/Sport & Manual Modes | Automatic, 8-Spd Sport w/Sport & Manual Modes | Automatic, 8-Spd Sport w/Sport & Manual Modes | Automatic, 8-Spd Sport w/Sport & Manual Modes |
| Drivetrain | RWD | RWD | RWD | AWD | AWD | AWD | AWD |
| Fuel Type | Plug-In Hybrid | Gas | Gas | Plug-In Hybrid | Gas | Gas | Gas |
| MPG City | 25 mpg | 25 mpg | 23 mpg | 22 mpg | 17 mpg | ||
| MPG Highway | 33 mpg | 32 mpg | 32 mpg | 29 mpg | 25 mpg | ||
| Horsepower | 248 hp | 335 hp | 248 hp | 335 hp | 523 hp | ||
| Torque | 258 lb-ft | 257 lb-ft | 331 lb-ft | 258 lb-ft | 257 lb-ft | 331 lb-ft | 553 lb-ft |
| Trunk/Cargo | 14.5 cu-ft | 18.7 cu-ft | 18.7 cu-ft | 14.5 cu-ft | 18.7 cu-ft | 18.7 cu-ft | 18.7 cu-ft |
| Rear Legroom | 36.5 in | 36.5 in | 36.5 in | 36.5 in | 36.5 in | 36.5 in | 36.5 in |
| Seats | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| Doors | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| MPGe Combined | 64 | 62 | |||||
| Adaptive Cruise Control | |||||||
| Alarm System | |||||||
| Automatic High Beams | |||||||
| Blindspot Sensors | |||||||
| Lane Departure Warning | |||||||
| Park Assist | |||||||
| Rear View Camera | |||||||
| 360 Camera | |||||||
| Alloy Wheels | |||||||
| Fog Lights | |||||||
| LED Headlights | |||||||
| Power Moonroof | |||||||
| Power Liftgate/Trunk Release | |||||||
| Bluetooth | |||||||
| Navigation System | |||||||
| Premium Audio | |||||||
| USB Ports | |||||||
| Dual-Zone Climate Control | |||||||
| Heated Front Seats | |||||||
| Heated Steering Wheel | |||||||
| Leather Seats | |||||||
| Memory Front Seats | |||||||
| Memory Steering Wheel | |||||||
| Proximity Keyless Entry | |||||||
| Push-Button Engine Start | |||||||
| Remote Start | |||||||
| Ventilated Front Seats | |||||||
| Wood Interior Trim | |||||||
Frequently asked questions
What changed on the 2023 BMW 5 Series compared with the 2022 model?
Heated front seats became standard on the 530e, 530i, and 540i, including their xDrive all-wheel-drive versions. Beyond that equipment adjustment, the engines, styling, cabin layout, screens, and core driver-assistance features carried over.
Was the 2023 BMW 5 Series redesigned?
No, the 2023 BMW 5 Series was not redesigned. It retained the styling and cabin introduced by the 2021 refresh and was the final model year of the G30 generation before the all-new 2024 5 Series.
Did the 2023 BMW 5 Series get any engine changes?
No, the 2023 engine lineup carried over. It included the turbo four-cylinder 530i, plug-in-hybrid 530e, mild-hybrid six-cylinder 540i, and twin-turbo V8 M550i xDrive.
Which 2023 BMW 5 Series models have standard heated front seats?
Standard heated front seats are fitted to the 2023 530e, 530e xDrive, 530i, 530i xDrive, 540i, and 540i xDrive. The M550i xDrive has heated multi-contour front seats.
Is the 2023 BMW 5 Series meaningfully different from the 2022 model?
No, the difference is small. Standard heated front seats on six variants are the main update, so condition, mileage, service history, and equipment are likely to matter more when comparing otherwise similar 2022 and 2023 examples.
2023 BMW 5 Series Reviews
What owners are saying about the 2023 BMW 5 Series.
“Heads up display is the best, and we love the individual personalization of all the features.”
“BMW's are safe, easy to handle, have beautiful interiors and have great designs.”